Aaron has recently started working at a credit union. Which motive might have prompted Aaron to join the credit union?

A. to earn profit

B. to sell the organization's stocks in the financial market

C. to reduce the organization's office rent expense

D. to give the control of the organization to an external individual

E. to work for the development of the members

Question

Business

Sincere Randolph

13 July, 09:13

Aaron has recently started working at a credit union. Which motive might have prompted Aaron to join the credit union?

A. to earn profit

B. to sell the organization's stocks in the financial market

C. to reduce the organization's office rent expense

D. to give the control of the organization to an external individual

E. to work for the development of the members

+4

Answers (1)

Know the Answer?

Lyla Brady · Answer 1

The correct option is B

Explanation:

Credit union is the financial cooperative which is a not for profit and it is owned by the members, who want to contribute to the pool of deposits of the credit union and to gain access to the financial services.

It offers same kind of services likes banks which involve CD (Certificate of deposits), mortgages, savings and checking accounts and loans.

The motive or the aim of joining the credit union could be sell the stock of the organization in the financial market.